Challenge

In the UK Continental Shelf, a mature basin that includes part of the North Sea, oil and gas operators are looking to maximize economic recovery by focusing on efficiency, optimization and cost reduction.

The average uptime of mature assets in the North Sea has been in the range of 70-75 percent. Under its traditional ways of working, Petrofac often exceeded this measure. It felt it could do even better.

Petrofac knew that digital technologies would be critical enablers of its transformational vision by driving improvements in every aspect of its operations—from worker safety and productivity to plant and construction site performance.

Why Accenture

Accenture, with broad expertise in the oil and gas industry as well as the Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR) and analytics was a natural fit to help Petrofac develop and implement a comprehensive digital strategy.

A visit by Petrofac’s leaders to the Accenture London Industry X.0 Zone—a facility designed to showcase the power of the latest technologies and the art of the possible—sealed the deal. In addition, the Accenture Industry X.0 Innovation Center in Sophia Antipolis was tapped to further flesh out the execution process and program management requirements.

"What if we had an offering that clients would queue up for? What if we could deliver at a significantly lower cost, deliver on schedule and operate with high uptime?"

Strategy and solution

As a first step, Accenture hosted “re-imagining workshops” with Petrofac leaders to identify transformation opportunities across two areas of the business. Petrofac then collaborated with Accenture on several key transformation projects:

Petrolytics

Designed to lower operating costs and improve uptime, this initiative combines a real-time AI-powered dashboard, insights, and predictive analytics.

Connected construction

This solution is designed to collect and combine people and equipment data, offering real-time visibility into a site’s operational performance.

Aberdeen innovation zone

An immersive space where Petrofac’s clients, suppliers and digital specialists can collaborate on solutions set to transform the oil and gas sector.

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Transformation

With Accenture’s help, Petrofac has successfully embarked on an Industry X.0 transformation that revolutionizes asset support service delivery and a changed approach to construction management:

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